EU commissioner briefed on mine clearance efforts in liberated areas
European Union Commissioner for Enlargement, Marta Kos, visited the recently liberated village of Sarijali in Aghdam today. During her visit, she insp...
Canada’s economy contracted 0.2 % in February, its first monthly decline since November, as slumps in mining, oil and gas extraction, and construction dragged overall output lower, Statistics Canada said.
Canada’s economy contracted by 0.2 percent in February, the first monthly decline since November, as weakness in mining, oil and gas extraction and construction offset gains elsewhere, Statistics Canada reported on Wednesday.
The goods-producing side of the economy shrank 0.6 percent, led by a 2.5 percent slide in mining, quarrying and oil and gas extraction after two months of growth. Construction fell 0.5 percent—its first drop in four months—driven largely by a 0.9 percent decline in residential building activity. Service-producing industries edged down 0.1 percent, with modest pullbacks in real-estate rental and leasing, finance and insurance, and education.
Statistics Canada said harsh winter storms in several provinces contributed to February’s weakness. Businesses also faced softer demand after earlier stocking up on supplies amid uncertainty over potential U.S. tariffs; those advance purchases have left inventories high and dampened new orders.
Analysts had expected February output to be flat, matching the agency’s advance reading. January GDP had climbed 0.4 percent.
StatCan’s early estimate points to a 0.1 percent expansion in March and annualised first-quarter growth of about 1.5 percent, though final quarterly figures—calculated from expenditure and income data—may differ slightly.
While strong consumer spending and lower interest rates lifted growth late last year, the Bank of Canada warns that 2025 could prove challenging as the economy contends with U.S. duties on steel, aluminium, autos and other goods.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Japanese conservative politician Sanae Takaichi on Thursday announced her candidacy for the leadership of the ruling Liberal Democratic Party (LDP), a move that could make her the country’s first female prime minister, Kyodo News reported.
The world’s two largest economies, the United States and China, remain mired in a trade war, with experts suggesting that a call scheduled for Friday between the two leaders is likely to address issues including the social media app TikTok, tariffs, and technology.
Germany will decide whether to support sanctions against Israel ahead of the European Union (EU) meeting in Copenhagen in October, Chancellor Friedrich Merz said on Thursday during a visit to Madrid.
World leaders are set to gather next week in New York for the 80th session of the UN General Assembly. Key issues on the agenda include a speech by US President Donald Trump, the ongoing conflicts in Gaza and Ukraine, increasing Western recognition of a Palestinian state, and nuclear tensions with I
Fifty-two Members of the European Parliament from 15 countries on Thursday called on the European Broadcasting Union (EBU) to bar Israel from the 2026 Eurovision Song Contest, citing the ongoing conflict in Gaza.
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